An auditor may express an opinion on an entity’s accounts receivable balance even if the auditor has disclaimed an opinion on the financial statements taken as a whole provided the:

(A) Report on the accounts receivable discloses the reason for the disclaimer of opinion on the financial statements.

(B) Distribution of the report on the accounts receivable is restricted to internal use only.

(C) Auditor also reports on the current asset portion of the entity’s balance sheet.

(D) Report on the accounts receivable is presented separately from the disclaimer of opinion on the financial statements.